City and County Market Trends Report | JUN. '15

Commentary:

One interesting effect of a weaker-than-expected economy is that the Federal
Reserve does not seem ready to raise short-term interest rates during summer,
as some had suggested might happen. New projections indicate that rates will
remain the same until September at the earliest. The dominant storylines in
housing are decidedly not negative these days. Instead, you're more likely to
see top sales and luxury living highlighted than the woes of foreclosures and
short sales.